News
NZ Government fund coastal ship upgrade
CHRISTCHURCH-based Coastal Bulk Shipping is set to receive NZ$3 million from New Zealand Government Associate Transport Minister James Meager announced on Friday [20 February]...
Shippers pursue landside cost answers
A NEW shipper body has been formed to probe the capability of existing legislation to address “persistent market failure” in container port landside charging. The Australian...
Bluebridge extends Picton pick
COOK Strait ferry operator StraitNZ Bluebridge has struck a new 39-year commercial agreement with Port Marlborough Ltd to continue to use Picton as its southern terminal until...
Hapag seals ZIM deal
AS FORESHADOWED yesterday Hapag-Lloyd has signed an agreement to acquire 100% of the shares in ZIM Integrated Shipping Services, but the carriers will remain competitors until the...
Wallenius Wilhelmsen reports “firm performance” in 2025
OSLO-based automotive supply chain specialist Wallenius Wilhelmsen has pronounced its satisfaction with its 2025 results, saying it has “used the cycle to strengthen and...
BigLift places big order
THE NETHERLANDS’ BigLift Shipping, part of the Spliethoff Group, has turned to China’s Dalian Shipbuilding Offshore Co for what it calls “a strategic expansion” of its heavylift...
HMM stays profitable despite slippage
THE EIGHTH-largest global container line, South Korea’s HMM, kept its head above water in 2025 even while registering significant falls in key metrics. HMM managed an operating...
Here’s the drill: Transocean buying Valaris
TWO of the world’s biggest drilling fleet owners/operators active in Australasian waters are combining their interests in an all-stock buy-out/merger that values the resulting...
Hapag-Lloyd breaks cover on ZIM buy
IN WHAT is being acclaimed as a clever navigation of a difficult situation Hapag-Lloyd has announced it is in advanced negotiations for a potential acquisition of Zim Integrated...
Hobart’s LSA wins major Canuck contract
HOBART’s Liferaft Systems Australia (LSA) has signed a lucrative new contract with long-term customer BC Ferries of Canada to marine evacuation systems (MES) for four new ferries...
Contract awarded for PNG FSO
MALAYSIA’s MISC Berhad is to provide Papua New Guinea’s first floating storage and offloading vessel (FSO), having won a 15-year contract with ExxonMobil. The bareboat charter,...
Swift water rescue underway off Queensland
THE AUSTRALIAN Maritime Safety Authority is co-ordinating the rescue of a fully-laden bulk carrier around 500 kilometres off the Queensland coast. The 79,343 DWT Liberia-flagged...
Port Otago’s new tug arrives
PORT Otago’s new Damen 2312 ASD tug Ōtepoti arrived at Port Chalmers this morning [12 February] after a journey of just over a month from Zhangjiagang, China, via a bunker and...
Auriga begins Brisbane bunker operations
AURIGA Group has formally launched its new bunkering division with the arrival in Brisbane and entry into commercial service of the tanker Auriga Titan. Built in Thailand in 2012...
InCat safely evacuated
A SIGNIFICANT safety milestone has been completed at Incat Tasmania’s Hobart shipyard today, with the successful deployment of the Marine Evacuation System (MES) aboard Hull 096,...
